loan taken in INR can be repay in USD
This query is : Resolved
20 May 2011
one nri comes to india under employment and during this period he has given a loan to indian in INR out of his income now an indian can repay the same in USD to NRI. he has alredy left the india.
20 May 2011
payment should go in NRO account of the loan giver in INR.
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